Kinetic Social Receives $18,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0eeb0163-c541-4f42-b967-d701f5995cc1
Date
4/15/2014
Company Name
Kinetic Social
Mailing Address
134 West 37th St. 7th Floor New York, NY 10018 USA
Company Description
Kinetic was founded on the premise that marrying “Big Data” to social media is the pathway to unlocking substantial benefits both within social advertising and across the digital marketing spectrum.
Website
http://www.kineticsocial.com
Transaction Type
Venture Equity
Transaction Amount
$18,000,000
Transaction Round
Series B
Proceeds Purposes
This funding will be used to build on Kinetic’s momentum in the big brand-focused social advertising marketplace. A key priority will be additional technology enhancements and product extensions associated with Kinetic’s SaaS offering; its psychographic and audience-centric proprietary engagement engine; and continuing to develop new technologies connected with the company’s Facebook and Twitter partnerships.
M&A Terms
Venture Investor
Venture Investor